Author Archive
Well Permits to Continue, District NOT Moving Into Stage 3 Rationing
The Monterey Peninsula Water Management District (MPWMD) voted unanimously last night NOT to enact Stage 3 rationing as a response to the State Water Resources Control Board (SWRCB) Cease and Desist Order (CDO). The decision was based on the assumption that Cal-Am users would begin greater water conservation with the newly approved and now implemented [...]
Water Update #4
The saga continues…
The State Water Resources Control Board (SWRCB) released their updated draft Cease and Desist Order (CDO) this week. Hopes for sympathy or some level of practical understanding of impacts associated with its implementation, have disappeared into the vast netherworld of bureaucratic machinations.
The amended document stays the course on previous demands and further defines [...]
August Real Estate Statistics Encouraging
The August real estate statistics are in and present a compelling story for buyers positioned to take advantage of the current market. Competitive prices, lower inventory, fewer days on the market and higher median prices are leading many “fence sitters” to get serious about purchasing a home.
While the number of closed sales (361) is down [...]
Water Update - Part 3
The State Water Resources Control Board (SWRCB) heard from numerous Monterey Peninsula interest groups and stakeholders during the nearly six hour Cal-Am Cease and Desist Order (CDO) Workshop in Sacramento yesterday.
Supervisor Dave Potter was the first to comment after Cal-Am’s legal team challenged the validity and authority of the Board to impose the order. The [...]
Water Update - Part 2
Wednesday will be a big day for current and future residents, travelers and business owners on the Monterey Peninsula. The CA State Water Resources Control Board (SWRCB) will be hearing testimony on the proposed Cal-Am Cease and Desist Order (CDO), an event that will be closely monitored by stakeholders throughout the region in addition to [...]
Water Update - Part 1
It was feared (and anticipated) by many that Monterey Peninsula residents and business owners would be facing 50 percent cutbacks in available water pumped from the Carmel River through the State Water Resources Control Board (SWRCB) Cease and Desist Order decision. Fortunately, (at least at this point) State Water Board staff has backed off of [...]
Start house-hunting now to qualify for tax credit
First-time homebuyers—those who have not owned a home for at least three years—may be eligible for the
$8,000 federal tax credit, but the window of opportunity is closing rapidly. To qualify for the credit, the buyer
must close escrow by midnight on Nov. 30, when the tax credit expires. Buyers hoping to take advantage of
this benefit [...]
Monterey County Fees Increase
Monterey County has increased a number of fees associated with construction and permit processing, including a substantial increase to the real estate disclosure report.
Prior to July 27, 2009, the charge for a real estate disclosure report (which is optional but recommended) from the County of Monterey was $75.00. Today, that [...]
Water Update
It was feared (and anticipated) by many that Monterey Peninsula residents and business owners would be facing 50 percent cutbacks in available water pumped from the Carmel River through the State Water Resources Control Board (SWRCB) Cease and Desist Order decision. Fortunately, (at least at this point) State Water Board [...]
Market Forecast with C.A.R. Chief Economist, Leslie Appleton Young
Leslie’s report which includes local, state and national statistics can be viewed or downloaded by clicking here. The video is available below, simply click “Play” to begin viewing.
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